The city owned Baltimore Art Museum is selling off some of their dead white male art to purchase more trendy and consequential art by modern artists of color and stuff.
They could consider buying the works of deceased Warhol acolyte Jean Michael Basquiat. But their value is largely because of the trendy Hollywood elite collectors.
http://www.artnews.com/2018/03/06/110-5-m-basquiat-masterpiece-will-travel-seattle-latest-stop-tour-painfully-exemplifying-problems-present-moment/
Oh yeah, the $11 million the expect to get from the combined sale of those works by dead white males won't even cover the down payment or buyer's premium on a Baquiat "masterpiece".
Apparently billionaires are supposed to buy these things and then GIVE them to the museums (rather than build their own)...
----- (from the above article)
After it completes a six-week stint at the Brooklyn Museum this Sunday, the untitled 1982 Jean-Michel Basquiat skull painting that sold to Japanese collector Yusaku Maezawa for $110.5 million last May at Sothebys will head to the Seattle Art Museum, where it will be on view for nearly five months, from March 21 through August 13....
...It is hard to begrudge a museum agreeing to show what is undeniably a masterpiecethe painting is drawing crowds, and hopefully minting more than a few new Basquiat fansand one never wants to sound churlish, but it has to be said that such temporary shows of the wealthys latest purchases feel depressingly of the moment, at once a sign of todays vicious income inequality and the precarious state of many publicly funded institutions.
Neither the Brooklyn Museum nor the Seattle Art Museum owns a Basquiat painting, which are now so expensive that they are beyond the reach of all but the wealthiest institutionsunless a generous benefactor donates one. Instead, the museum-going public is now being treated to shows of expensively purchased artworks that cant help but read as celebrations of big spending. As the New York Times reported in 2014, art museums in Oregon have even developed a cottage industry by way of showing works hot off the auction block so that their new owners can avoid paying certain taxes....
----- Waaaaaaaaaaaaaaaaa #MarxistRedistribution #ClassEnvy